China And Australia Seek Strategic Partnership Growth

China's General Administration of Customs reported a 15 percent year-on-year increase in the total value of primary goods trade. The growth is driven by rapid expansion in new energy vehicle exports. This trend is facilitating a transition for Chinese exporters from product-based sales to ecosystem-based international expansion. The growth is also pushing domestic industries toward higher-quality, high-tech, and high-value-added production. Chinese Vice Premier He Lifeng and US Treasury Secretary Bessent, along with US Trade Representative Greer, held a video call to discuss trade issues. Han Zheng met with Australian Foreign Minister Huang Yingxian in Beijing to discuss the development of China-Australia relations. Han noted that the relationship has experienced fluctuations over the last decade but said the importance of strategic alignment. Huang stated that Australia highly values the relationship and intends to strengthen communication and pragmatic cooperation. Both parties expressed a commitment to building a more mature and stable comprehensive strategic partnership. The two nations aim to strengthen strategic alignment and increase dialogue and exchange.